US vs. Canadian dollar
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US vs. Canadian dollar
It seems the Canadian dollar is on a headlong rush towards parity with its US counterpart. Some analysts are predicting parity by the end of this year, with a few suggesting it might even surpass the US dollar.
http://www.cbc.ca/news/background/economy/loonie.html
http://www.cbc.ca/news/background/economy/loonie.html
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Originally Posted by 396LT4
After the next election we finally realize how much Bush has run your financial position into the ground. Reckless spending combined with unsupportable tax cuts has lead to a deficit explosion. Don't believe me, just ask Alan Greenspan. Very revealing interview on 60 Minutes last Sunday night. Of all the Presidents he served under, he said Clinton was the best in respect of fiscal policy. Can't argue, the American economy boomed from 92-00 and actually produced budget surpluses. And that's when the US dollar was almost 2 to 1 for the dollar.
I ordered something from the US yesterday but my credit card still charged me 95.xxx on the dollar. Even once the dollar goes par, obviously the banks don't work for free and I'd imagine it would be about 98 cents on the dollar.
This does and will hurt Canadian exports.
Last edited by last5oh_302; Sep 19, 2007 at 03:37 PM.
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From: Winnipeg, Manitoba
Originally Posted by Daveg99
What do Canadians export anyway? A few beers and some good weed?
Looks like it's time to start ordering those parts for my truck that I've had my eye on.
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From: Buffalo NY
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From: Airdrie, AB
Originally Posted by CrAz3D
They ALSO export their politicans to the U.S. for health service 
http://www.ctv.ca/servlet/ArticleNew...hub=Health?123
http://www.ctv.ca/servlet/ArticleNew...hub=Health?123
this will all stop when your new 'HillarycareV2.0' is implemented
FWIW, I hope they fix Stonachs head down there while they're at it
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From: Houston
Originally Posted by Daveg99
we get our weed from Mexico down here in Texas. itsd all about quantity here not quality.
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From: Houston
Originally Posted by Daveg99
Dont take this personaly, but if we cut off Canada from the US we would be fine. But I am not so sure Canada would be OK.
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From: Airdrie, AB
Originally Posted by Daveg99
Dont take this personaly, but if we cut off Canada from the US we would be fine. But I am not so sure Canada would be OK.
Dave, we also export the genes that don't make it out of the shallow end of the pool, now I know where they go.
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From: Metro Detroit
Originally Posted by Daveg99
Dont take this personaly, but if we cut off Canada from the US we would be fine. But I am not so sure Canada would be OK.
[img]http://tbn0.google.com/images?q=tbn:9jfoh51Yi6cJTM:http://i.imdb.com/Photos/HH[ /img]
"We agree too, eh!"
